Washington · Public charity
Verity Credit Union
See schedule oa cooperative, organized for the purpose of promoting thrift and savings among its members, creating a source of credit for them at rates of interest set by the board of directors, and providing an opportunity for them to use and control their own money on a democratic basis in order to improve their economic and social…
- $185k
- Granted FY2024(still arriving)
- 5
- Itemized grants FY2024
- 8
- Organizations funded FY2023
- 50%
- First-time grantees FY2023
- Itemized, FY2024
- $75k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $9,750
- Largest grant, FY2024
- $30,000
- Organizations funded a year
- 3 to 8
- FY2020 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $771M
How open it is to new grantees
In FY2023, 50% of the organizations Verity Credit Union funded were first-time grantees, receiving 47% of its grant dollars.
New vs renewed · share of each year
In FY2023, 53% of grant dollars renewed an existing relationship; $49k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 5 | $75k | 40% |
| FY2023 | 8 | $103k | 50% |
| FY2022 | 4 | $43k | 50% |
| FY2021 | 4 | $39k | 50% |
| FY2020 | 3 | $46k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.
Top grantees
Largest recipients by total granted, FY2020 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Greater Seattle Business Assn Scholarship Fund | $62,000 | 4 | 1% |
| Acts on Stage Inc | $60,000 | 3 | 6% |
| Housing Development Consortium of Seattle - King County | $30,330 | 4 | 1% |
| Homesight | $29,500 | 2 | 0% |
| Gowest Foundation | $28,000 | 2 | 0% |
| National Credit Union Foundation | $25,000 | 1 | 0% |
| Friends of Seattle Waterfront | $23,000 | 2 | 0% |
| West Seattle Junction Association | $10,000 | 1 | 2% |
| American Heart Association Inc | $10,000 | 1 | 0% |
| Peace Peloton | $7,500 | 1 | 3% |
Show all 13 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Greater Seattle Business Assn Scholarship Fund | $62,000 | 4 | 1% |
| Acts on Stage Inc | $60,000 | 3 | 6% |
| Housing Development Consortium of Seattle - King County | $30,330 | 4 | 1% |
| Homesight | $29,500 | 2 | 0% |
| Gowest Foundation | $28,000 | 2 | 0% |
| National Credit Union Foundation | $25,000 | 1 | 0% |
| Friends of Seattle Waterfront | $23,000 | 2 | 0% |
| West Seattle Junction Association | $10,000 | 1 | 2% |
| American Heart Association Inc | $10,000 | 1 | 0% |
| Peace Peloton | $7,500 | 1 | 3% |
| Third Stone | $7,500 | 1 | 0% |
| Seattle Colleges Foundation | $7,000 | 1 | 0% |
| Delridge Neighborhoods Development Association | $6,000 | 1 | 0% |
Where it is load-bearing
Each grantee by its size and the share of its budget Verity Credit Union supplied at peak.
Tap a dot to name the grantee.
How this is measured
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: Credit Unions in the State of Washington · Seattle Foundation · Grousemont Foundation · United Way of King County · Gates Foundation · Jpmorgan Chase Foundation · American Online Giving Foundation Inc · National Philanthropic Trust · Vanguard Charitable Endowment Program · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation
How this is measured
About Verity Credit Union
- How much does Verity Credit Union give?
- Verity Credit Union reported 5 itemized grants totaling $74,750, out of $185,486 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 3 and 8 organizations a year over FY2020 to FY2023.
- What does Verity Credit Union fund?
- By grant dollars over FY2020 to FY2024, its largest causes are Housing & Shelter (31%), Community Improvement (16%), Education (14%).
- Who are Verity Credit Union's largest grantees?
- By total granted over FY2020 to FY2024: Greater Seattle Business Assn Scholarship Fund ($62k), Acts on Stage Inc ($60k), Housing Development Consortium of Seattle - King County ($30k).
- Does Verity Credit Union fund new organizations?
- In FY2023, 50% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Verity Credit Union?
- Its strongest co-funders, measured against what their size predicts, include Credit Unions in the State of Washington, Seattle Foundation, Grousemont Foundation.
- Where is Verity Credit Union based?
- Verity Credit Union is based in WA.
Play a game based on Verity Credit Union’s filings →